singles day

Revenue for the quarter ended September 30 reached US$15.2 billion, slightly below the US$15.18 analyst average.

In The Checkout this week, we look at Vietnam’s ecommerce boom and Amazon’s answer to Temu.

Singles’ Day shopping festival originated with Alibaba’s Taobao 15 years ago in China.

With consumer spending expected to weaken in China, will Southeast Asia’s Singles’ Day still shine this year?

We explore why Grab wants its ex-employees in Vietnam to give up their shares, and we look at a proptech firm that’s making it easier to own a home.

In comparison, rival JD.com reported a 28% growth in Singles’ Day sales to record a GMV of about US$54.6 billion.

The Checkout is Tech in Asia’s free newsletter that breaks down the biggest stories and trends in ecommerce.

The market regulator said it will increase scrutiny on major promotional events like Singles’ Day.

Singles Day sucks revenue from the days and weeks before and after the festival.

This is an increase of 26% compared to the same period last year.